Company Analysis

Abacus Global Management, Inc. (ABX)

NYSE: ABX · Investment Advice · Orlando, FL · filing with the SEC since 2020
Grade4.9
◀ Past 5.3● Present 3.7▶ Future 6.1
1 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020
Report filedMar 13, 2026Mar 28, 2025Mar 21, 2024Apr 18, 2023Jun 22, 2022Mar 26, 2021
Revenue235,237,636111,923,78666,401,45144,713,552··
Cost of revenue28,858,03411,371,7336,490,3775,884,669··
Gross profit206,379,602100,552,05359,911,07438,828,883··
Sales and marketing14,582,2539,063,3844,905,7472,596,140··
General and administrative87,796,97181,734,51826,482,5711,426,865··
Total operating expenses117,622,235101,440,35735,785,1925,163,629··
Operating income88,757,367-888,30424,125,88233,665,254··
Interest expense38,793,93718,279,6869,866,82142,798··
Interest and investment income3,860,9972,398,691594,7641,47462·
Other income (expense), net625,83938,040-146,443-347,013··
Total non-operating income (expense)-36,011,294-18,544,995-13,622,860-388,337r17,222,046·
Income before income taxes···-591,07915,839,365·
Income tax expense15,434,1215,484,7381,468,535889,943r··
Income from continuing operations···-11,722,287-1,382,681·
Net income including non-controlling interests37,311,952-24,918,0379,034,48732,386,974r15,839,365·
Net income to non-controlling interests786,683-956,987-482,139704,699··
Net income36,525,269-23,961,0509,516,62631,682,275r15,839,365·
Preferred dividends381,2500····
Net income to common shareholders36,144,019-23,961,0509,516,62631,682,275r1,956,991r·
Earnings per share, basic0.38-0.340.170.63··
Earnings per share, diluted0.36-0.340.160.63··
Weighted average shares, basic96,141,75370,761,83056,951,41450,369,350··
Weighted average shares, diluted99,230,95070,761,83057,767,89850,369,350··
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
us-gaap:InterestIncomeOther
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton ABX · research, not advice